2021, the first year of the “14^th Five-year Plan” period (2021-2025), matters to the process of China’s modernization. In January, several localized epidemics occurred in China, temporarily affecting the production and operation of some enterprises. With the active response, scientific prevention and control of local governments and relevant departments, the economic and social development have seen a stable recovery. In general, the prosperity index of China's cotton textile industry remains in the expansion range. The prosperity index of China’s cotton textile industry came in at 50.80 in January.

In January, the raw material purchasing index came in at 55.77; the raw material inventory index came in at 53.11; the production index was 48.48, down 2.14 from June; the product sales index came in at 52.72; the product inventory index was 49.67.

The prosperity index of China's cotton textile industry is based on the weighed calculation of numerous main indicators of about 200 backbone cotton textile enterprises. A reading above 50 indicates expansion, while a reading below reflects contraction.

Source: CHINA TEXTILE LEADER Express